Director Christensen receives 1,900-share stock grant at Pennant Group (PNTG)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pennant Group, Inc. director Christopher R. Christensen reported an acquisition of 1,900 shares of common stock as a share grant on April 15, 2026. The award was priced at $0.00 per share and increased his directly held position to 144,091 shares.
According to the disclosure, these 1,900 granted shares vest in three equal annual installments beginning April 15, 2027. The filing also notes additional indirect holdings totaling 623,347 shares through entities and family accounts referenced in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Christensen Christopher R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,900 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 144,091 shares (Direct);
Common Stock — 623,347 shares (Indirect, See Footnote)
Footnotes (1)
- These shares vest in three annual installments beginning April 15, 2027. Of these shares, 481,149 shares are held by Hobble Creek Investments, LLC, of which Mr. Christensen is the sole member, 138,027 shares are directly owned by The Christopher R. Christensen 2020 Irrevocable Trust and indirectly by Mr. Christensen's spouse, as trustee of the trust, 2,171 shares are held directly by Mr. Christensen's spouse, and 2,000 shares are held by Mr. Christensen's former spouse as custodian for their minor children under the California Uniform Transfers to Minors Act. Mr. Christensen's former spouse holds voting and investment power over the shares held for their children.
Key Figures
Shares granted: 1,900 shares
Grant price: $0.00 per share
Direct holdings after grant: 144,091 shares
+2 more
5 metrics
Shares granted
1,900 shares
Common stock grant on April 15, 2026
Grant price
$0.00 per share
Price for 1,900-share award
Direct holdings after grant
144,091 shares
Direct common stock held after April 15, 2026
Indirect holdings
623,347 shares
Indirect ownership through entities and family accounts
Vesting start date
April 15, 2027
First of three annual vesting installments
Key Terms
vest, Irrevocable Trust, California Uniform Transfers to Minors Act
3 terms
vest financial
"These shares vest in three annual installments beginning April 15, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Irrevocable Trust financial
"The Christopher R. Christensen 2020 Irrevocable Trust and indirectly by Mr. Christensen's spouse"
California Uniform Transfers to Minors Act financial
"held by Mr. Christensen's former spouse as custodian for their minor children under the California Uniform Transfers to Minors Act."
FAQ
What insider transaction did Pennant Group (PNTG) disclose for Christopher R. Christensen?
Pennant Group reported that director Christopher R. Christensen received a grant of 1,900 shares of common stock on April 15, 2026. The shares were awarded at $0.00 per share and are structured as a stock-based compensation grant, not an open-market purchase.
Is the April 2026 Pennant Group (PNTG) insider transaction a market buy or a grant?
The April 15, 2026 transaction is a grant, not a market purchase. Christensen received 1,900 shares of Pennant Group common stock at $0.00 per share as a stock award, which will vest over three years beginning April 15, 2027.